The government has increased Moldova’s subscription to the International Monetary Fund (IMF) from 172.5 million Special Drawing Rights (SDRs) (approximately 232 million dollars) to 258.8 million SDRs, marking an increase of about 114 million dollars. This decision aims to strengthen the country’s financial position within the IMF.
The IMF Board of Governors approved this change at the end of last year as part of the sixteenth general review of IMF quotas, which includes a 50 percent increase in the quotas of all 190 IMF member states.
Finance Minister Victoria Belous emphasized that the adjustment will enhance Moldova’s financial standing within the IMF, increasing the potential volume of IMF financial assistance available to the country. The National Bank of Moldova will provide the necessary financial resources to support the increased subscription amount.
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Currently, Moldova’s quota in the IMF is 172.5 million SDRs (approximately 232 million dollars), or 0.04 percent of the total quota. Moldova’s voting power in the IMF amounts to 1,973 votes or 0.08 percent of the total votes.
Moldova has been a member of the IMF since 1992.